Predictive analytics — The future of product demand forecasting
Producing just the right amount of product to meet demand has many advantages. With perishable produce, an unexpected dip in demand results in waste and loss. A spike leaves orders unfulfilled and consumers buying elsewhere. Predictive analytics combined with machine learning provides a more accurate forecast than is humanly possible. This minimizes cost and waste and maximizes margins.
Originally published at https://www.to-increase.com on September 12, 2018.